Barack Obama's attacks on BP hurting British pensioners

Telegraph.co.uk ^ | 6-9-10 | By Louise Armitstead and Myra Butterworth

[CincyRichieRich]

Barack Obama has been accused of holding "his boot on the throat" of British pensioners after his attacks on BP were blamed for wiping billions off the company's value.

By Louise Armitstead and Myra Butterworth Published: 10:12PM BST 09 Jun 2010

City investors said the president was jeopardising the pensions of millions with his "excessive" criticism of the energy company following the Gulf of Mexico oil spill.

Before the accident on April 20, BP was Britain's biggest company, with a stock market value of £122 billion. Since then, £49 billion has been wiped off its value.

On Wednesday, BP's share price fell a further 17.35p to 391.55p – representing a 40 per cent drop on the 655p price of a share two months ago.

Experts have said that the clean-up costs of the oil spill will run to between £10 billion and £20 billion but the biggest cost to the company is from investors dumping stock for fear of BP being further punished by the US Government.

[CincyRichieRich]

There, that should do it...that makes up for the years of imperialism...taking you white guys in Britain down a few notches, eh? Oh, and don't think about giving me some figurine from Churchill this time...mmm mmm mmm.

That's what I suspect is going through Obama's mind while he sleeps with the phone off the hook after a great party at the White House after coming back from vacation and another Kobe beef meal.

Ya think?

[counterpunch]

Heckuva job, Barry!

[C210N]

dumping stock for fear of BP being further punished by the US Government.

Punishing? More like Chavezing.

[Tzimisce]

He doesn’t care.

[counterpunch]

Punishing? More like Chavezing.

[spectre]

What's Obama going to do when BP declares Bankruptcy and leaves the people of the Gulf Coast without any money what so ever? Or is that what he wants?

[driftdiver]

Oh thats mean

[bigbob]

Just wait, Obama will hit BP up for enough money for cleanup, fines, etc they will be forced into bankruptcy. Give them Brit pensioners a taste of good old Yankee socialism...

[Gator113]

Increase our taxes.

[Rome2000]

The blue lipped muzzie marxist in the WH hates the British, as they occupied his country of origin, Kenya.

You can bet if the oil company was owned by Oprah Winfrey or Hugo Chavez, or the Red Chinese, he would be singing a different Arabian tune.

[NotSoModerate]

Somebody should put one of those Bush billboards in the middle of London:

[CincyRichieRich]

The blue lipped muzzie marxist in the WH hates the British, as they occupied his country of origin, Kenya.

---

You nailed it; boy, when will someone be brave enough on our side to say that in front of a camera???

[SunkenCiv]

See? No matter what anyone does for Zero, it isn’t enough.

[wideminded]

Barack Obama's attacks on BP hurting British pensioners

Chelsea pensioners

[lonestar]

They should have already realized that Barry can’t see or think past the end of his own nose!

[opentalk]

bump

[Oldexpat]

Presidents can talk the way he did about our real enemies, but right now he needs the cooperation of BP and their owners. His inexperience and ego have gotten the better of him. He hasn’t stopped the seas from rising..

[Wisconsinlady]

I think that is exactly it. He wants to put the screws to anyone who didn’t vote for him. And he’s starting with Bobby Jindal. He didn’t help with the TN floods either, because areas are too conservative. Now if something was happening in Chicago, maybe then he’d care.

[2harddrive]

Isn’t it AMAZING what happens, when you have a “President” whose brother lives in a hut in Africa? We might as well be led by Idi Amin!